IDFC Premier Equity Fund

Overview

IDFC Premier Equity Fund is an open-ended equity mutual fund scheme managed by IDFC Asset Management Company, investing primarily in Indian equities. The fund aims to generate long-term capital growth by investing in a diversified portfolio of equity and equity-related instruments across market capitalizations, including large-cap, mid-cap, and small-cap stocks, as well as fixed income securities and money market instruments. The fund was launched on September 28, 2005, and has undergone changes over time, including a rebranding to IDFC Multi Cap Fund in 2018. The fund is suitable for investors seeking to create wealth over a long period and carries a moderately high risk profile. The minimum investment amount is ₹10,000, with a minimum SIP amount of ₹2,000 per month. The fund charges an exit load of 1% if redeemed before 365 days. The fund's portfolio has included sectors such as consumer non-durables, textiles, transportation, and power, with top individual stocks like Page Industries, Asian Paints, Bata India, GlaxoSmithKline Consumer Healthcare, Blue Dart, Kotak Bank, and Coromandel International. The fund is managed by Kenneth Andrade, who focuses on investing in companies early in their life cycle and emerging businesses to enjoy growth through the business cycle. The fund has a track record of outperforming benchmarks, with a compounded annual return of over 19% since inception. Investors can invest in the fund through lump sum investments or systematic investment plans (SIPs).

Investment Focus

• Minimum SIP amount: ₹2,000 per month
• Exit load: 1% if redeemed before 365 days

Portfolio Companies